Post
Topic
Board Speculation
Re: Bitcoin found the bottom?
by
pixie85
on 10/09/2024, 08:15:29 UTC
If any of you feel uncertain or fearful you can try my strategy.

I see bitcoin price the way you should see real physical market. You own a rare good and the economy changes and affects it. One year people will have more money, the other year they will have less. One year there will be stimulus, or something will become fashionable and people will want to own it, the other year there will be war, rising fuel prices, inflation... You will not get the same amount of fiat money for your goods every year, or even every month.

You can always choose the moment you buy and sell. Don't sell cheap when the market doesn't want to pay you as much as it should. You can always wait a month or a year and get a better price. At the same time don't buy when it's expensive. Wait until the economy forces people to sell and use that opportunity to buy. Those who can relax and wait will always make money.